Split home loan
Enjoy all the features of a variable rate and the certainty of your loan repayments when you choose a split rate home loan.
Multi-award winning
Variable Home Loan
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Discounted home loan rate*** -
Offset sub-account available for +0.10%^
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No monthly or ongoing fees
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Fee Free redraw on any additional repayments
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Pay your bills via BPAY
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Access your account via Smart Money app
Not sure which home loan option is the best option for you? A split loan could help you combine the benefits of both a fixed and variable rate home loan.
This way, you can benefit from the certainty that comes with fixed rate repayments, as well as the flexibility of variable rates, in a ratio that works for you.
Our home loans
| Home Loan | Interest Rate | Comparison Rate | Monthly Repayment | Product Features | Details |
|---|---|---|---|---|---|
Variable Home LoanOwner Occupied • Principal & Interest • Up to 90% LVRMost Popular
|
6.04% p.a. | 6.08% p.a. | $3,011 |
|
Do I Qualify? |
Green Home LoanOwner Occupied • Principal & Interest • Up to 90% LVR |
5.99% p.a. | 6.44% p.a. | $2,995 |
|
Do I Qualify? |
3 Year Fixed (Special)Owner Occupied • Principal & Interest • Up to 90% LVR |
5.69% p.a. | 6.13% p.a. | $2,899 |
|
Do I Qualify? |
Why should you split your home loan?
There are many benefits that come with splitting your home loan, with key features being flexibility and certainty.
With a split loan, you have the option to choose how much of the loan has a fixed interest rate, and how much has a variable interest rate, allowing you to tailor your loan to suit your preferences.
With this also comes certainty of always knowing what a portion of your repayment will be (due to the fixed rate percentage chosen).
Why choose a Split Rate Home Loan?
Fixed rate certainty
Giving you the confidence of knowing how much your repayments will be during your fixed period.
Variable rate flexibility
Take advantage of reduced repayments on the variable portion of the loan when the interest rate drops.
No extra fees
In addition to enjoying our great low rates, you'll also enjoy no monthly or ongoing fees on both loan options.
Customise your loan
Enjoy the customisation of splitting your home loan how you choose to suit your needs in a ratio that works for you.
A variable home loan that saves you more.
Here’s your new offer
Rates
Principal & interest
Variable Home Loan
3 Year Fixed
Interest Rate:
6.04% p.a.***
5.69% p.a.*
(Special)
Comparison Rate:
6.08% p.a.*
6.13% p.a.*
Rate Type:
Variable
Fixed
Interest only
Variable Home Loan
3 Year Fixed
Interest Rate:
6.54% p.a.***
6.64% p.a.*
Comparison Rate:
6.41% p.a.*
6.40% p.a.*
Rate Type:
Variable
Fixed
Key Features
Up to 30 years loan term
Available for refinance or purchase
Unlimited additional repayments
Repayments
Frequency
Weekly, monthly or fortnightly
Estimated repayments
$3,011 per month#
The monthly repayment estimate is based on a $500,000 loan over 30 years at 6.04% p.a. paying principal and interest.
Fees
Application fee
$0
Ongoing fees
$0
Security assessment fee
$230
Government fees
At cost
Settlement fee
$300
Optional rate lock fee
$350*^
P&I
Variable Home Loan
Interest Rate:
Comp Rate:
Rate Type:
6.04% p.a.***
6.08% p.a.*
Variable
3 Year Fixed (Special)
Interest Rate:
Comp Rate:
Rate Type:
5.69% p.a.
6.13% p.a.
Fixed
IO
Variable Home Loan
Interest Rate:
Comp Rate:
Rate Type:
6.54% p.a.***
6.41% p.a.*
Variable
3 Year Fixed (Special)
Interest Rate:
Comp Rate:
Rate Type:
6.64% p.a.
6.40% p.a.
Fixed
Up to 30 years loan term
Available for refinance or purchase
Unlimited additional repayments
Frequency
Weekly, monthly or fortnightly
Estimated repayments
$3,011 per month#
The monthly repayment estimate is based on a $500,000 loan over 30 years at 6.04% p.a. paying principal and interest.
Application fee
$0
Ongoing fees
$0
Security assessment fee
$230
Government fees
At cost
Settlement fee
$300
Optional rate lock fee
$350*^
As seen on...
"We found that loans.com.au still had a very competitive rate and we were happy with the service"
Laura
Home loan customers
Meet the team who’ll start saving you thousands
We have a friendly team of Australian-based lending experts here to help you from application to settlement, so you can get a better loan and start savings thousands.
Our home loan application process
Application
Simply fill out your home loan application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.
onTrack
After your application is complete, use our system we call onTrack on your desktop or device to add your documentation such as payslips and bank statements, and track the progress of your application.
Speak to specialist
You will then have an appointment with one of our lending specialists to organise your preliminary approval of your loan, and help you progress through the home loan approval process through to settlement as quickly as possible.
Signing document
Check onTrack to received your final approval, mortgage documents and loan agreement. You must sign these and return them in to onTrack.
Settlement
Your loan will settle and you’ll start saving with your new loan rate, and get your keys to your new dream home!
Access your account
Once settlement is complete, we will send your login credentials to start managing your payments in the Smart Money app.
Frequently Asked Questions
Split rate home loan articles
We've listed the pros and cons of variable vs fixed to help you find the product suited to your needs.
When you take out a home loan the money you borrow is called the principal, while the interest rate is the charge for borrowing the money.
As the name implies, variable home loan rates vary, but how often can they actually change? Find out with loans.com.au
loans.com.au explains whether you can refinance a fixed-rate mortgage and how much it could cost you.
For most people, their home loan is their biggest debt and for that reason, there is a strong urge to pay it off faster.
An offset sub-account is a great feature for borrowers and can help you save time and money off your mortgage.
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